OKXICE files for round-the-clock tokenized trading in U.S. stocks
60-second summary
OKXICE, a joint venture between crypto exchange OKX and Intercontinental Exchange, files to offer continuous, tokenized U.S. stock trading under the SEC’s new innovation exemption, aiming to list dozens of equities 24/7. The platform will issue blockchain‑based tokens representing shares, promising instant settlement and fractional ownership, which could broaden retail access and pressure traditional brokers.
OKXICE, the joint venture of OKX and ICE, plans to launch tokenized U.S. stocks under SEC's new innovation exemption.